CIMA P1 - Management Accounting

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Understanding function and technical aspects of Apply relevant financial reporting standards and corporate governance, ethical and tax principles

The following will be discussed in CIMA P1 exam dumps:

• Identify the impact of tax regulation on transactions, decisions and profits
• Apply relevant IFRS in a given context, to facilitate the preparation of financial statements
• Apply the principles of corporate governance and ethics

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Understanding function and technical aspects of Analyse performance using financial and nonfinancial information

The following will be discussed in CIMA P1 exam dumps:

• Identify information that can enable managers to review performance
• Prepare performance reports for use by different functions and for different purposes in appropriate formats and media
• Identify appropriate KPIs for different functions of the organisation
• Interpret variances to review functional and organisational performance
• Explain company performance using KPIs

Reference: https://www.cimaglobal.com/Qualifications/Professional-Qualification/Operational-level/

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Understanding function and technical aspects of Prepare information to manage working capital

The following are a part of CIMA P1 practice exams:

• Explain working capital ratios in comparison to prior periods or to other organisations
• Identify appropriate sources of short-term finance and methods of short-term investments
• Identify the impact of changing working capital policies
• Explain how to manage and control working capital

CIMA P1 Exam Syllabus Topics: